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demonstration a line which was itself denied and rejects by the cia station chief? i think he is a political an mad. reports from other people who were confirming that he was coming to the four as the cia direct director. anyone who is engaged in mar tall infidelity is compromised to some degree. he will give up all secrets and i think he should and we need to know what he knows. >> paula broadwell in a speech some place. she used what we thought was classified information that the cia had taken prisoners in benghazi and that is long after the statute had run out and not been renewed. general petraeus went there and in correctspected there and had anything about that. is it possible that he went along with the white house because he didn't want anyone mucking around in the cia prisoners? >> we are talking about an s executive order signed by president obama. however, there is eye believe a small loophole allowing the cia to keep people for up to two or three days. he may not have wanted to have been caught in doing that. it is a big embarrassment for the president. i think the big issue here
rotten in denmark. just days before having to testify before congress about benghazi, cia director general david petraeus suddenly resigns citing an extra marital affair as the reason. my goodness. we have to cover that, too. don't forget, folks. free market capitalism is the best path to prosperity. i say lower the tax rates and get rid of the tax deductioning a ands and we'll grow this economy at 5% or 6%. we'll be right back. >> dismal week from washington to wall street. pickal cliff fears sending stocks into a tailspin and maybe earnings fears also and for the week markets drop almost 2% across the board and we have phil orlando, chief equity strategist and welcome back, phil. >> i want to have a thought experiment with you. i want to say with you that there's not going to be any falling off the fiscal cliff that not only will we not have a $500 billion tax hike in the next two mojs, we won't have increases in marginal tax breaks and i know you may disagree, but if that were the case, how would that affect your outlook for stocks. that's what i'd like to know. we'd go higher i
you very much for keeping us updated. >>> in the meantime in washington, former cia director david petraeus reportedly told lawmakers during a meeting this morning that the agency did suspect the deadly attack on the u.s. consulate in libya was a terrorist attack from the start, but somehow that line got removed from an early report. nbc's steve handelsman is in washington with details. >> this wasn't a hot seat for the former cia director. instead, he got a very, very warm welcome. lawmakers praised his work. they allowed him to avoid reporters. they're clearly sorry to see him go. petraeus, they said, apologize the for having to resign. he didn't really open the door to a lot of new information, we're told, from people who were in the meeting. in the testimony, in the hearings, didn't open the door to a lot of new information about why the disaster occurred. the cia knew there were threats in benghazi, knew the state department had stepped up security. but exactly why the disaster occurred, in the clear from petraeus' testimony. but he did shed a little light on the political con
scandal bringing down general david petraeus at the cia. and similar scandals taking down ceos in the private sector, too. all leads to one conclusion for me personally. honor and personal responsibility do matter. congressman peter king is going to join me on this important topic a little later in the show. now, next up, will president obama's second term take the country over a regulatory cliff? national review online says today regulatory reform is more urgent now than ever. we are joined by robert locksly, president of the california business roundtable. hello to both you. ian a you heard mr. hofmeister knows a thing or two about this. we can knock the saudis off and change world politics and changes our balance of trade. will the epa block it, diana? >> well, i don't know but maybe we should listen to what president obama was saying last year. he was brag being the oil and gas development we have in the united states. we got to remind him about that when the new epa regulations come out. so we -- we want to make sure he doesn't bring out those old ozone regulations that he
, this is all happening while we have no cia director here at home. >>> first up today, in his first news conference since being re-elected, president obama, with rhetoric sometimes reminiscent of his tax-the-rich campaign mantra, he appeared to dig in his heels on extending tax cuts for the wealthiest americans. take a listen. >> there is a package to be shaped. and i'm confident that parties -- folks of good will in both parties can make that happen, but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> all right. i don't know about you, but to me, that sounds like a fairly staunch and unwavering position. and yet, the president did insist he's staying open to new ideas. take a listen to this one. >> i am open to new ideas, if the republican counterparts or some democrats have a great idea for us to raise revenue, maintain progressivity, make sure the middle class isn't getting hit, reduces our deficit, encourages growth, i'm not going to just slam the door in
and spontaneous demonstrations. today he said the cia knew all along it was a terrorist attack in libya. this story gets worse and worse, more and more complicated and we are going to parse through it. first up, with the fiscal cliff only 45 short days away, are we facing a stalemate or is there a new kissy huggy era coming to washington, d.c.? we've got two kissy huggy cnbc contributors. jared bernstein, former vice president, biden chief economist, and kissy huggy jim pethokoukis of the american enterprise institute. jimmy p., i love this new washington picture. and i don't want to be pessimistic. i want to be optimistic. maybe they can make a deal. but here's what i worry about, jimmy. here's what i fear. the republicans are conceding that they'll give a revenue -- a tax revenue portion by limiting deductions. but i don't see any spending cuts. the sequester has been called off. mr. boehner would like a down payment on entitlements. i don't see that happening. to me remember it used to be 3-1 or 4-1 spending cuts to revenue increases. right now it looks to me like it's 10-1. 10-0. $1
petraeus as the director of the cia. that resignation being accepted by the president a wile ago. general petraeus admitting to an extramarital affair as a result of all of this. we're joined by our nbc news colleague andrea mitchell with more on this. what can you tell us at this point? >> it was as shocking to me as to everyone else in washington. i was hearing the reports overnight. then we did manage to confirm this and get the announcement that the cia director sent to the work force today. he says that he went to the white house and asked the president to be allowed for personal reasons to resign, that after 37 years of marriage, he showed, in his words, extremely poor judgment by engaging in an extramarital affair. he writes, such behavior is unacceptable as a husband and as the leader of an organization such as ours. this afternoon the president graciously accepted my resignation. he says as i depart, i want you to know it's been the greatest of privileges to have served with you. you have to believe how shocking this is to everyone in washington and around the nation. david petra
in chief, and the american people should have been told that the cia chief was under investigation before the election? >> well, i have no evidence at this point from what i've seen that classified information was disclosed that in any way would have had a negative impact on our national security. obviously there's an ongoing investigation. i don't want to comment on the specifics of the investigation. the fbi has its own protocols in terms of how they proceed, and i'm going to let director muller and others examine those protocols and make some statements to the public generally. i do want to emphasize what i've said before. general petraeus had an extraordinary career. he served this country with great distinction in iraq, in afghanistan and as head of the cia. by his own assessment, he did not meet the standards that he felt were necessary as the director of cia with respect to this personal matter that he is now dealing with with his family and with his wife, and it's on that basis that he tendered his resignation and it's on that basis that i accepted it. but i want to emphasize that
former cia director david petraeus was communicating with his girlfriend, next. [ male announcer ] zeebox is the free app that makes watching tv even better. if your tv were a hot dog zeebox would be some sort of fancy, french mustard. when they magically unite, people would think, "woah, this two dollar hot dog tastes like a fancy eight dollar hot dog." download zeebox free, and say "woah" every time you watch tv. >>> welcome back to "power lunch," i'm mary thompson with market flash. ak steel down over 4%. the ask warning the fourth quarter loss will be larger than expected in large part because of lower steel price and larger income tax charge. also selling 25 million share also about a quarter of its counts. that is putting pressure on its shares today. tyler, back to you. >> thank you. >>> shocking new developments in the sex scape dal that brought down the head of the cia, jeep petraeus. another high-level military leader now entangled in the mess. he is the top u.s. commander in afghanistan, jeep john allen. eamon javers live in washington with details. >> reporter: well this scand
here. the sex scandal involving former cia director david petraeus has opened some eyes about online privacy or the lack of it. up next, find out how the government could be looking into your e-mails right this moment. you wouldn't even know about it. >>> then later, tech giant cisco is set to report earnings after the closing bell rings. we'll hear exclousively from ceo john chambers before he speaks to analysts. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stoc
and in the eyes of european countries and maybe in the eyes of asian countries. our cia director is gone. there's some kind of sex scandal going on. they all testified today on benghazi. no one knows what came out of that. my point is this, if president obama is asking the president of egypt who has sympathies with all these terrorists and guerrillas, where's the clear statement that the united states government supports the right of israel to defend itself, just flat-out from the president himself? >> the president of the united states, beginning of arab spring, chose the wrong side, larry. he chose the arab strongmen. they now believe the president can be treated as a chump and they can attack israel without risking themselves. that's what's going on right now. i mention this. there is a good report that that missile that landed in tel aviv was not fired from the gaza strip. it was fired from the northern sinai near rafik, fired from egyptian territory. morsi knows this, larry. this is trouble. >> that's the thing, john. egypt is not a good player. they're supposed to be an israeli ally. they
long. now that the cia director and in coming head of lockheed martin had to resign so publicly at the height of their careers, will this change the culture of sex and the ceo? >>> plus, an inside look at the other people who get caught in the cross fire. >>> if lawmakers do not reach a budget deal to avoid the fiscal cliff, federal taxes will be raised by more than $500 billion in 2013, an average of almost $3,500 per household. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and my daughter loves the santa. oh, ah sir. that is a customer. let's not tell mom. [ male announcer ] break from the holiday stress. fedex office. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> welcome back to "power lunch." we are looking at facebook. looks like a looming lockuppics piration this week on november g in facebook's put ve triggered options. options traders certainly talking about this activity. shares were down more than 1% earlier this today. around $19. seeing a little bit of a turnaround now as you see in
resigned? >> oh, i do. he's the director of the cia. you know secrets get past on the pillow. >> we'll leave it there. thank you very much, wendy walsh, dan gross. >>> meanwhile from ceo sex scandals to murder accusations. the founder of antivirus company mcafee reportedly wanted for questioning in the murder case in belize. robert frank now with the shocking story. >> various media stories say mcafee is sought for questioning in the murder of an american in belize. mcafee hasn't returned my calls for comments or my e-mails. few entrepreneurs have had as colorful life as john mcafee. off faunding the software in his '80s his net worth soared to more than $100 million. he owned a jet, invested millions in financial markets. as he told cnbc's david faber -- >> i had really more money than a person could reasonably be expected to spend, assuming you fight hard and worked at it eight hours a day. >> now, get this, when the crisis hit mcafee's investments crashed. his $100 million became $4 million. he moved to belize to start new companies in transportation and pharmaceuticals. he told
of a sex scandal on the same day the cia chief goes down for the same reason. should both men have kept their jobs, though? we have a debate on that coming up. stay tuned. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intelligence unit. tdd#: 1
conference meanwhile today on everything from the fiscal cliff to the sex scandal involving former cia director david petraeus and the embassy attack in libya. eamon javers is in washington right now. he has the highlights. >> hi, maria. no specific olive branch here from the president during the press conference to republicans in terms of the fiscal cliff negotiations. the president twice now referencing his own re-election, suggesting the american people voted here for a very specific set of outcomes. take a listen. >> if there's one thing that i'm pretty confident about, it's the american people understood what they were getting when they gave me this incredible privilege of being in office another four years. >> the president did take a hard line on extending the bush tax cuts. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists will have the least positive impact on our economy. perhaps the fieriest moment in all of this is in the discussion over libya. the president talking about u.n. ambassador susan rice,
schiff representing california. thank you. >>> great questions there, by the way. former cia director david petraeus was answering questions on capitol hill today but not about the scandal that led to him resigning. in a private hearing, he told lawmakers that he believed all along that the attack on the u.s. consulate in benghazi, libya was a terrorist strike despite how the white house initially portrayed it. of the scandal that led him to resign, petraeus expressed his regret about the circumstances of his departure but said nothing more. simon? >>> two major breaking stories right now impacting the oil market. there's been an explosion on an oil rig in the gulf of mexico off the coast of venice, louisiana. a company called black elk energy operates that rig. reports are that a worker may have cut a line with a settling torch. four people have been rushed to the hospital, two are reportedly still missing. so far we have no reports of oil actually leaking into the gulf. >>> meanwhile, also breaking right now, the u.n. nuclear agency says iran is about to double output of higher enri
the intelligence world the cia is going to be extremely interested in who jill kelley is and what her motives were here. the coincidence of having a relationship of some kind with the head of the cia and a relationship that involved potentially inappropriate e-mails with the top commander in afghanistan is something worth looking at. >> 30,000 pages? >> 30,000 pages of inappropriate, what does that mean? >> triple spacing? >> does that mean picture? >> you've had students, triple spacing. >> the margins. it's all courier font and you adjust the margins. >> maybe sharing material, is that what we're talking about? >> it's unclear. i haven't seen the e-mails but your friend and mine ben white at politico tweeted that is more pages than "war and peace" so clearly the general had some spare time on his hands to compose these e-mails and send them off. >> you have twins and then you need two generals i guess. >> maybe it was reply all. >> so much better than "army wives." >>> will the estate tax kill an economic comeback? joining us now his take is rbc wealth management ceo john taft his company manage
have spotted the affair that brought down the head of the cia. how are you? >>> investigation discovery is discovery communication's biggest growth story. 42 consecutive months of prime time gains and joining us is the host of the network's "deadly affairs" program, susan lucci. you might know her as erica kane on the long running soap opera "all my children" and gai'm getting input. "deadly affairs" this isn't they're deadly, they ruin someone's career. someone has died. >> someone has died and joe you asked me earlier does someone have to die? that's the question, why don't people walk away, i don't know why or divorce would be an option, but these are love triangles, crimes of passion, just gone as wrong as they possibly can go. >> and you never run out. >> that is another shocking aspect of this. i mean truth is stranger than fiction, but what really makes my jaw drop is how many of these cases have gone on and are going on and they're going on next door and down the street. >> we have an "american greed" and never run out. >> what's great is first to have susan lucci as part of inv
, where these people would know the whereabouts of the cia director, know his activities, even maybe privy to some of the stuff about the benghazi investigation that no one else is privy to. who had sex, who didn't. >> 30,000 pages of e-mails. >> that the other guy sent. >> general allen and jill kelley -- >> that appear to be a little bit weird. >> he said yesterday he was just cc'd. >> which is even weirder. >> which takes away from the fiscal cliff. i had some viewers that were laughing at me because i was saying do we go with closing loopholes and deductions or do we go with letting the tax cuts expire on the wealthy. and they were laughing. they said obama's going to do both. he's going to ask for both. he's going to want all of it. if it's 1.6 -- >> 1.6 trillion over ten years. >> twice where we were with boehner. but might be the beginning of bargain point. but you get 820 billion. so there's another 800 billion. at this point, the others are saying no cuts to medicare, social security, or anything else. and they have to find another 800 billion. >> the president did not say -- >> w
Search Results 0 to 18 of about 19